AFAA-Net A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About AFAA-Net A/S
AFAA-Net A/S (CVR number: 40914072) is a company from AARHUS. The company recorded a gross profit of -14.6 kDKK in 2023. The operating profit was -148.5 kDKK, while net earnings were -198.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.7 %, which can be considered poor and Return on Equity (ROE) was -13.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 97.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. AFAA-Net A/S's liquidity measured by quick ratio was 28.7 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | - 112.26 | -15.00 | -11.96 | -14.63 |
EBIT | - 246.15 | - 148.89 | - 145.85 | - 148.52 |
Net earnings | - 193.95 | - 118.92 | - 116.23 | - 198.62 |
Shareholders equity total | 1 806.05 | 1 687.13 | 1 570.90 | 1 372.28 |
Balance sheet total (assets) | 1 863.10 | 1 745.70 | 1 605.90 | 1 407.28 |
Net debt | - 831.35 | - 857.58 | - 315.94 | - 310.54 |
Profitability | ||||
EBIT-% | ||||
ROA | -13.2 % | -8.3 % | -8.7 % | -9.7 % |
ROE | -10.7 % | -6.8 % | -7.1 % | -13.5 % |
ROI | -13.3 % | -8.4 % | -8.8 % | -9.8 % |
Economic value added (EVA) | - 193.88 | -87.98 | - 154.19 | - 263.26 |
Solvency | ||||
Equity ratio | 96.9 % | 96.6 % | 97.8 % | 97.5 % |
Gearing | 1.9 % | 1.5 % | 1.6 % | 1.8 % |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 23.6 | 18.4 | 30.6 | 28.7 |
Current ratio | 23.6 | 18.4 | 30.6 | 28.7 |
Cash and cash equivalents | 866.35 | 882.58 | 340.94 | 335.54 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BBB | BBB | BBB | BBB |
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